Dividend Adjustment Amount definition

Dividend Adjustment Amount means the amount, applicable to one Common Share, by which the Excess Dividend exceeds the Permitted Dividend.

Dividend Adjustment Amount means the full amount of the dividend or distribution to the extent payable in cash applicable to one share of the Parent Class B Common Stock less the Dividend Threshold Amount.

Dividend Adjustment Amount means, in respect of an Ex-Dividend Date, an amount determined by the Calculation Agent equal to:

Examples of Dividend Adjustment Amount in a sentence

• The Dividend Adjustment Amount with respect to any Settlement Value Security in effect at any time shall be adjusted in the event of certain events affecting the shares of the Settlement Value Security, such as share splits, reverse share splits or reclassifications, as determined by the Calculation Agent, in its good faith judgment.

• If the Calculation Agent fails to establish a Dividend Adjustment Amount with respect to any Settlement Value Security, the Dividend Adjustment Amount with respect to such Settlement Value Security shall be deemed to be zero.

• All determinations of the Dividend Adjustment Amount shall be made by the Calculation Agent.

• If the Calculation Agent determines that it will calculate a Dividend Adjustment Amount with respect to such Settlement Value Security, the Calculation Agent shall use its good judgment to determine the method of calculating the Actual Aggregate Dividend, the Expected Aggregate Dividend, and all other values needed to calculate the Actual Aggregate Dividend and Expected Aggregate Dividend for such Settlement Value Security.

• The Dividend Adjustment Amount shall equal (x) one plus (y) the amount of the distribution paid to shareholders of the Company divided by the difference between (A) the value of the Company’s equity immediately prior to the distribution, as determined by the Board less (B) the amount of such distribution.

More Definitions of Dividend Adjustment Amount

Dividend Adjustment Amount means the amount, if any, by which $37,500,000 exceeds the Dividend.

Dividend Adjustment Amount means, (i) to the extent all outstanding shares of PCS Common Stock are converted or recapitalized into shares of any other capital stock or the annual dividend rate on the PCS Common Stock is increased after the date of this Agreement, an amount equal to the regular cash dividends paid on the maximum number of shares of capital stock or PCS Common Stock, as the case may be, purchasable upon the settlement of each Purchase Contract or (ii) if the Company merges, consolidates or consummates any other business combination with, or sells, assigns, transfers, leases or conveys all or substantially all of its assets and properties to, any person or institution that is not organized and existing under the laws of the United States or any U.S. State or the District of Columbia and, as a result, the Contract Adjustment Payments become subject to withholding taxes imposed by one or more non-U.S. jurisdictions, an amount equal to the amount necessary so that the amount of Contract Adjustment Payments actually received by Holders will be the same, net of non-U.S. withholding taxes, as if the non-U.S. withholding taxes were not imposed on the Contract Adjustment Payments.

Dividend Adjustment Amount means the difference between (i) the Aggregate Dividends Owed and (ii) the Aggregate Dividends Paid.

Dividend Adjustment Amount shall have the meaning specified in Section 15.5(e).

Dividend Adjustment Amount means the full amount of the dividend or distribution to the extent payable in Cash applicable to one share of the Class B Common Stock less the Dividend Threshold Amount. The term “Dividend Threshold Amount” means $0.32 per share of Class B Common Stock per Quarter in the case of regular Cash dividends, adjusted in a manner proportional to adjustments made to the Conversion Price other than pursuant to Section 4.06(d) or 4.06(e) and to account for any change in the frequency of payment of regular Cash dividends, and $0.00 in all other cases.

Dividend Adjustment Amount means the full amount of the dividend or distribution to the extent payable in cash applicable to one share of the Common Stock.

Dividend Adjustment Amount means an amount equal to (i) $0.24 multiplied by (ii) the quotient of (A) the total number of days elapsed between the first day of the fiscal quarter in which the Closing Date occurs and the Closing Date; and (B) the total number of days in such fiscal quarter; provided, that such amount shall be rounded down to the nearest whole cent. For the avoidance of doubt, it is acknowledged and agreed that the Dividend Adjustment Amount will not be paid with respect to any fiscal quarter as to which the Company has already declared or paid its regular quarterly cash dividend in accordance with Section 6.1(b)(vii).